Chris McNeal
Can I put 20% down with a conventional loan, and get a loan with HML for repairs and re-fi both to a conventional loan?
I’m looking into buying a 2 flat for my 1st rental property. I do have the 20% for the down payment, but not enough for repairs. Can I get 2 loans, one from a HML and then one from a bank, and then re-fi in 6 to 12 mo...
Eliana F.
These Numbers Are Amazing. Am I Doing Something Wrong?
Needing a second pair of eyes on this deal analysis!I am in the market for my first deal and will be occupying one unit for a year or two to start. My goal is to buy and hold, and to cash flow even just a modest amoun...
Amir B.
Investing in San Juan, Puerto Rico
Hello BP Community,I was wondering if anyone has invested in PR before? As many of you heard PR defaulted today on their loans.http://money.cnn.com/2016/07/01/investing/puerto-rico-defaults-general-obligation-bonds/in...
Shawn Ward
Any investors running Vacation Rental(s) in Mammoth, CA?
BPers,Anyone running a vacation rental(s) in Mammoth Lakes/ Mountain area?If so, I'd love to have you answer the below questions:1. What are the 3 best things about having your rental property(s) there?2. What are the...
Jonathan F.
Greetings from Portland, Oregon
Hello, BP folks--I joined the site a few weeks ago and have been learning a great deal. It's interesting to see so many experts and novices mixed in together here. I'd put myself in the latter category for sure. I bec...
Holly Baum
Real Estate Agent in Colorado
Hello. I stumbled upon the Podcast today and really enjoyed it. I have had my real estate license in Washington State, where I started as a receptionist in Seattle at a property management and commercial real estate...
Henry R.
MY FIRST ACCEPTED OFFER EVER ENDED WITH A BAD INSPECTION
Hello BP nation,@Brandon Turner, @Aaron Montague, @J ScottI wanted to take the time to update a few of you who have given me very good advice in the past, there are others whose names did not come up with the @symbol ...
Justin Repp
Advice on an illegal 3 family
Hey folksSo I am looking at a 2 family to purchase that has the potential for a 3rd (illegal) unit. The current seller was a contractor who died 1/2 way through converting the 3rd floor into a 3rd unit. As is, the n...
Account Closed
GURU classes and cost 10K,25K,35k would you pay? Feedback
I know many people are opposed to taking these GURU classes (a guy who is on here often) I have not mentioned the name unless people request me too, so I have a question are any of them really worth it? I’ll give you...
Account Closed
Cash out refinance when I already have debt?
Hey guys! In august I bought my first property that I’m doing a live-in flip. I’ve been working as an acquisitions manager for a wholesaling company so I’ve gotten pretty decent at knowing a deal when I see one. I bou...